AP And is a well-detached F5 eclipsing binary star for which only a very limited amount of information was available before this publication. We have obtained very extensive measurements of the light curve (19097 differential V magnitude observations) and a radial velocity curve (83 spectroscopic observations) which allow us to fit orbits and determine the absolute properties of the components very accurately: masses of 1.277 +/- 0.004 and 1.251 +/- 0.004 solar masses, radii of 1.233 +/- 0.006 and 1.1953 +/- 0.005 solar radii, and temperatures of 6565 +/- 150 K and 6495 +/- 150 K. The distance to the system is about 400 +/- 30 pc. Comparison with the theoretical properties of the stellar evolutionary models of the Yonsei-Yale series of Yi et al. shows good agreement between the observations and the theory at an age of about 500 Myr and a slightly sub-solar metallicity.